After the Rajoy-Hollande meeting, the French President said that lack of confidence is holding back the Eurozone growth and the Spanish Prime Minister aims to beat the IMF growth forecasts.
â€œThe downtrend here is absolutely intact and I expect 1.2906 intraday resistance to limit the upside and to initiate a new wave downwards, through 1.2802, en route to 1.2750â€, wrote Deltastock.com analyst Stoyan Mihaylov, pointing to resistance at 1.2990.
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